XD Inc. (HKEX: 02400) disclosed a net reduction of 1.99 million ordinary shares on 8 April 2026, bringing its outstanding share capital to 492.43 million shares.

The movement was driven by two corporate actions:

1. Share cancellation • 2.00 million repurchased shares, acquired between 25 February and 25 March 2026 at a volume-weighted price of HK$71.6678 each, were cancelled on 8 April. • Cash outlay for these cancellations totalled approximately HK$143.34 million. • The cancellation reduced the issued share base by 0.40 %.

2. Option exercise • An eligible participant exercised share options granted under the 25 June 2021 plan, leading to the issue of 1,000 new shares at HK$20.29 apiece. • Proceeds amounted to roughly HK$0.02 million, diluting existing shareholders by an immaterial 0.0002 %.

Uncancelled repurchases As of the same date, 921,000 shares bought back between 25 March and 8 April 2026 remained pending cancellation, equal to a further 0.19 % of the current share base.

Latest buyback details On 8 April 2026, XD Inc. repurchased an additional 120,000 shares on the open market at prices ranging from HK$63.00 to HK$64.80, spending HK$7.67 million. These shares are earmarked for cancellation and are subject to a 30-day moratorium on new share issues until 8 May 2026 under Hong Kong Listing Rule 10.06(3)(a).

Mandate utilisation Since the 29 May 2025 authorisation to repurchase up to 49.17 million shares, the company has bought back 3.61 million shares, representing 0.73 % of the issued share capital at the mandate date.

Following the latest transactions, XD Inc. maintains 492.43 million issued shares, with a further 0.19 % reduction expected once the remaining repurchased shares are cancelled.